§ 12760 No home protection company shall pay a commission to any person as an …
§ 12761 (a) The furnishing of a home protection contract without charge …
§ 12761.1 (a) A home protection company which was licensed as such on …
§ 12762 (a) A home protection contract shall specify, in clear and …
§ 12763 No home protection contract shall be issued or delivered until a copy …
§ 12764 (a) Any home protection contract shall be noncancellable during …

Terms Used In California Codes > Insurance Code > Division 2 > Part 7 > Chapter 3 - Other Provisions

  • City: includes city and county and "incorporated town" but does not include "unincorporated town" or "village. See California Public Utilities Code 19
  • County: includes city and county. See California Public Utilities Code 18
  • Home protection company: means any person licensed pursuant to this part which issues home protection contracts. See California Insurance Code 12740
  • Home protection contract: means a contract or agreement whereby a person, other than a builder, seller, or lessor of the home which is the subject of the contract, undertakes for a specified period of time, for a predetermined fee, to repair or replace all or any part of any component, system or appliance of a home necessitated by wear and tear, deterioration or inherent defect, arising during the effective period of the contract, and, in the event of an inspection conducted pursuant to subdivision (b) of Section 12761, by the failure of that inspection to detect the likelihood of any such loss. See California Insurance Code 12740
  • licensee: means an insurer, agent, broker, or any other person who is required to be licensed by the department. See California Insurance Code 38.6
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Protection contract fee: means the consideration received, or to be received, by a home protection company for the issuance of any home protection contract. See California Insurance Code 12740
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • residential property: as used in this part means any single or multiple unit or units, including mobilehomes, (as defined in Health and Safety Code Section 18211) used primarily for residential purposes. See California Insurance Code 12740